The Nikkei 225 Index dropped for three consecutive days, reaching a low of ¥60,910, its lowest level since May 7 this year. It has pulled back from this month’s high of ¥63,760 as crude oil prices drop, and Japan bond yields jump.Japan stocks drop as crude oil prices jumpThe Nikkei…
A crypto crash is happening today, May 18, with Bitcoin leading the charge, amid rising liquidations and bond yields. Bitcoin price dropped to $76,500, its lowest level in three weeks.Most altcoins were in the red, with Bitcoin Cash (BCH) falling by 7.30% and Terra Luna Classic (LUNC), Pi Network (PI),…
Scottish Mortgage Investment Trust share price has been in a strong bull run this year, and this rally may gain momentum in the coming months, helped by some of its top constituent companies. SMT stock jumped to 1,513p, its highest level since November 2021, and by 138% from its lowest…
The FTSE 100 Index has retreated sharply in the past few weeks and underperformed its global peers like the S&P 500, Nasdaq 100, and Kospi. It ended last week at 10,195, down from the year-to-date high of 10,931. This article looks at the key catalysts that will drive the Footsie…
Gold price continued its strong downward trend on Monday, reaching its lowest level since March 30th. It was trading at $4,545, down by nearly 20% from its highest point this year. This retreat continued as headwinds rose, even as Goldman Sachs analysts identified a major potential catalyst.Gold price drops as…
ServiceNow stock price has tumbled in the past few months, erasing billions of dollars in value as the market capitalization has dropped from $233 billion to $98 billion. NOW has tumbled amid the rising concerns that artificial intelligence tools will disrupt its business model. So, is it safe to buy…
Indian capital market stocks have emerged as one of the strongest-performing pockets of the market over the past year.The muted benchmark index performance has done nothing to limit the rally. At the time of writing, while the Nifty 50 has declined by 5.66% over the last year, the Nifty Capital Market…
Zeta Global stock price jumped by over 4% on Friday in a high-volume environment after the company joined the Open Semantic Exchange (OSI), an initiative by Snowflake. ZETA jumped to $17.6, its highest point since May 7 as focus shifts to the upcoming JPM Global Technology, Media, and Communications Conference.Zeta…
In 2015, Chinese President Xi Jinping used the term “Thucydides Trap” in Seattle before an audience that included former Secretary of State Henry Kissinger.”There is no such thing as the so-called Thucydides Trap in the world. But should major countries time and again make the mistakes of strategic miscalculation, they…
Brent crude oil price ended last week at $109.50, its highest point since May 5 this year. It has soared by over 13% from the lowest point this month, and may have more gains ahead as the quagmire between the US and Iran continues. Worse, it has formed the bullish…